ALEXANDRIA, Va. — The Center for Competitive Politics (CCP) unveiled a new website today dedicated to the facts surrounding activist investing and corporate political spending. The site, called ProxyFacts.org, is a compendium of information on the issue, and includes insight and analysis from experts such as CCP’s founder and former Federal Election Commission (FEC) Chairman Brad Smith, former SEC Commissioner Paul Atkins, and James R. Copland, Director of the Manhattan Institute’s Center for Legal Policy.
“This website is intended to be a resource that explores the reality behind efforts aimed at limiting corporate speech. Oftentimes, the facts regarding political spending disclosure are very different from the picture painted by narrow interest groups for the media investors, and policymakers,” said David Keating, President of CCP.
“This site will examine and debunk common myths spread by activists seeking to silence corporations. The public benefits from more speech and more speakers, and any effort to target and suppress speech by any group should be rejected. Thus far, the debate has been defined by a small, coordinated group who are using the shareholder proxy process and other tactics to silence corporate speech and achieve their narrow and unrelated public policy goals. It is time investors and corporate executives had a place to go for the facts surrounding this debate.”
Proxyfacts.org should be considered a resource for investors, reporters, legislators, and corporate governance professionals with an interest in the issue. As 2013’s proxy season enters full swing, the website will help ensure that facts, and not just myths, reach the public at large.
For more information or to interview one of the thought leaders associated with the site, contact Sarah Lee, CCP’s Communications Director, at 770.598.7961.
The Center for Competitive Politics promotes and defends the First Amendment’s protection of the political rights of speech, assembly, and petition. It is the nation’s largest organization dedicated solely to protecting First Amendment political rights.
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